External balance on goods and services (current US$) (US current) in Northern Mariana Islands
Northern Mariana Islands: External balance on goods and services (current US$) (US current) was -533.00 million current US$ in 2022. ◆ Volatile
External balance on goods and services in Northern Mariana Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Northern Mariana Islands is -533.00 million current US$, measured in 2022.
The figure is up 12.8% on the previous year and down 438.4% over ten years.
Over the whole period, external balance on goods and services in Northern Mariana Islands peaked at 387.00 million current US$ in 2002 and was at its lowest, -611.00 million current US$, in 2021.
That places Northern Mariana Islands 105th out of 193 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Northern Mariana Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 387.00 million current US$ | — |
| 2003 | 344.00 million current US$ | -11.1% |
| 2004 | 281.00 million current US$ | -18.3% |
| 2005 | 182.00 million current US$ | -35.2% |
| 2006 | 77.00 million current US$ | -57.7% |
| 2007 | 48.00 million current US$ | -37.7% |
| 2008 | 29.00 million current US$ | -39.6% |
| 2009 | -48.00 million current US$ | -265.5% |
| 2010 | -70.00 million current US$ | +45.8% |
| 2011 | -132.00 million current US$ | +88.6% |
| 2012 | -99.00 million current US$ | -25.0% |
| 2013 | -123.00 million current US$ | +24.2% |
| 2014 | -123.00 million current US$ | -0.0% |
| 2015 | -153.00 million current US$ | +24.4% |
| 2016 | -116.00 million current US$ | -24.2% |
| 2017 | 112.00 million current US$ | -196.6% |
| 2018 | -95.00 million current US$ | -184.8% |
| 2019 | -233.00 million current US$ | +145.3% |
| 2020 | -428.00 million current US$ | +83.7% |
| 2021 | -611.00 million current US$ | +42.8% |
| 2022 | -533.00 million current US$ | -12.8% |
Northern Mariana Islands compared with similar countries
- Northern Mariana Islands's -533.00 million current US$ is below the median for high income countries, which is 3.43 billion current US$. (72 countries reporting)
- Northern Mariana Islands's -533.00 million current US$ is below the median for East Asia & Pacific, which is -166.62 million current US$, 3.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 162.50 million current US$ | -48.00 million current US$ | 387.00 million current US$ | 8 |
| 2010s | -103.20 million current US$ | -233.00 million current US$ | 112.00 million current US$ | 10 |
| 2020s | -524.00 million current US$ | -611.00 million current US$ | -428.00 million current US$ | 3 |
Countries ranked near Northern Mariana Islands
- 102 Solomon Islands -478.61 million current US$ compare
- 103 United States Virgin Islands -509.00 million current US$ compare
- 104 Niger -515.62 million current US$ compare
- 106 Sierra Leone -545.92 million current US$ compare
- 107 Bhutan -547.93 million current US$ compare
- 108 Bahamas -581.90 million current US$ compare
More economy & growth data for Northern Mariana Islands
- Gdp worldbank constant usd, per unit of GDP 0.8182 units per US$ of GDP (2022)
- Households and NPISHs Final consumption expenditure (constant 2015) 13,901 constant 2015 US$ per person (2022)
- Exports of goods and services (current US$), annual growth rate 343.64 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.2226 current US$ per US$ of GDP (2022)
- Exports of goods and services (current US$), per capita 5,295 current US$ per person (2022)
- Exports of goods and services (current LCU), annual growth rate 343.64 % change on previous year (2022)
- Gdp worldbank constant usd, per capita 19,462 units per person (2022)
- GDP (constant LCU), per unit of GDP 0.7418 constant LCU per US$ of GDP (2022)
- GDP (constant LCU), annual growth rate 16.64 % change on previous year (2022)
- Exports of goods and services (current LCU), per unit of GDP 0.2226 current LCU per US$ of GDP (2022)
Frequently asked questions
- What is external balance on goods and services in Northern Mariana Islands?
- External balance on goods and services in Northern Mariana Islands was -533.00 million current US$ in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Northern Mariana Islands?
- The highest recorded value was 387.00 million current US$ in 2002.
- What is the lowest external balance on goods and services recorded in Northern Mariana Islands?
- The lowest recorded value was -611.00 million current US$ in 2021.
- How does Northern Mariana Islands rank for external balance on goods and services?
- Northern Mariana Islands ranks 105th out of 193 countries with data for 2022.
- Is external balance on goods and services rising or falling in Northern Mariana Islands?
- Over the last ten years it is down 438.4%. The long-run trend across the full record is volatile.
- Where does this Northern Mariana Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.